Honeywell Names Tim Mahoney President and CEO of Honeywell Aerospace

Honeywell announced that Tim Mahoney has been named President and CEO of its $11 billion Aerospace business, effective immediately. Mahoney will report to Honeywell's Chairman and CEO Dave Cote.
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Above: Tim Mahoney

Mahoney succeeds Rob Gillette who is leaving Honeywell to become CEO of First Solar, Inc., a Tempe, Arizona-based manufacturer of solar modules.

Honeywell’s Chairman and CEO Dave Cote said: “Tim has more than 30 years of experience in the aerospace industry and is uniquely qualified to make a seamless transition to President and CEO of Honeywell Aerospace. He has held leadership roles in sales, operations, information systems and engineering during his time at the company. As Chief Technology Officer, he helped to build Honeywell Aerospace’s global presence and leadership positions in mechanical and electronic products and services across commercial, defence and space applications. His extensive industry knowledge and operational experience will be critical to the continued growth of our Aerospace business.

“I appreciate Rob’s many contributions during his 13 years at Honeywell. His successes as President and CEO of Honeywell Aerospace since 2005 and Transportation Systems from 2001-2004 helped to build on our great positions in good industries. I thank him for his leadership and wish him well in his new role.”

Mahoney was most recently Chief Technology Officer (CTO) at Honeywell Aerospace with a $2 billion research and development budget and leading more than 10,000 engineers. In that capacity, Mahoney had global responsibilities for new product development and research, leading projects with key customers such as Airbus, Boeing and Gulfstream. Prior to being CTO, he was President during 2005 and 2006 of Honeywell’s $4 billion Air Transport and Regional business unit, serving the OEM, airline and aftermarket segments of commercial aviation. In that role, he significantly improved customer relationships and expanded operating margins. In 2004, he held the position of Vice President and General Manager of the company’s Aviation Aftermarket Services business and in 2003 he was Vice President and General Manager for the Enterprise Resource Planning (ERP) project. Earlier, he progressed through a number of general management and leadership positions within the Aerospace business. Mahoney joined Honeywell in 1997 after a 20-year career at United Technologies – Sikorsky Aircraft division’s Commercial Customer segment.

In separate internal announcements, the company named Kevin Moriarty Vice President and CFO for Honeywell Aerospace, succeeding Bob Hau who has accepted the CFO role at Lennox International. Moriarty, who was previously Vice President and CFO of Honeywell Specialty Materials, will be replaced by Paul Vasington, who was Vice President and CFO for Honeywell Security and Data Collection. Bob Smith, Vice President, Advanced Technologies, will replace Mahoney as CTO of Honeywell Aerospace.